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PUBLISHER: KBV Research | PRODUCT CODE: 1403613
PUBLISHER: KBV Research | PRODUCT CODE: 1403613
LAMEA Grinding Fluids Market Size, Share & Industry Trends Analysis Report By Application (Disk Drivers, Lubricate Machine Tools, Metal Substrates, Silicon Wafer, and Others), By Type, By Country and Growth Forecast, 2023 - 2030
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The Latin America, Middle East and Africa Grinding Fluids Market would witness market growth of 4.4% CAGR during the forecast period (2023-2030). In the year 2026, the LAMEA market's volume is expected to surge to 27.88 Kilo Tonnes, showcasing a growth of 4.6% (2023-2030).
Grinding fluids are specialized liquids or gases employed in machining operations to lubricate, cool, and flush away debris generated during grinding. The primary objective is to optimize metal removal efficiency and quality while minimizing tool wear and thermal damage to the workpiece. These fluids act as a protective barrier between the grinding wheel and the workpiece, facilitating smoother cutting and reducing excessive heat generation.
The composition of grinding fluids can vary widely, encompassing a range of base fluids, additives, and performance-enhancing agents. Common base fluids include mineral oil, synthetic oils, water, or a combination. Additives are incorporated to impart specific properties, such as corrosion resistance, lubricity, and heat dissipation. The selection of an appropriate grinding fluid is influenced by factors such as the machining process, materials being worked on, and desired surface finish.
As per the Brazilian National Agency for Petroleum, Natural Gas, and Biofuels, Brazil owns the world's largest recoverable ultra-deep oil reserves, with 97.6% of Brazil's oil production produced offshore. The 2022 average oil production was 3.02 million barrels per day, 2.47% higher than the previous annual record. The oil and gas industry involves machining critical components such as valves, connectors, and drill bits. Precision machining, including grinding processes, is essential to meet the stringent requirements of these components. Thus, the above aspects will expand the market growth across the region in the upcoming years.
The Brazil market dominated the LAMEA Grinding Fluids Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $21.8 million by 2030. The Argentina market is exhibiting a CAGR of 4.9% during (2023 - 2030). Additionally, The UAE market would experience a CAGR of 4.1% during (2023 - 2030).
Based on Application, the market is segmented into Disk Drivers, Lubricate Machine Tools, Metal Substrates, Silicon Wafer, and Others. Based on Type, the market is segmented into Synthetic, Semi-Synthetic, Water-Soluble, and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Benz Oil, Inc. (AMSOIL INC.), Carborundum Universal Limited (Murugappa Group), Castrol Ltd. (BP P.L.C.), Cutting & Grinding Fluids, Inc., EnviroServe Chemicals, Inc., ETNA Products, Incorporated, Exxon Mobil Corporation, FUCHS Petrolub SE, Lincoln Chemical Corporation, and TotalEnergies SE.
Scope of the Study
Market Segments covered in the Report:
By Application (Volume, Kilo Tonnes, USD Million, 2019-2030)
- Disk Drivers
- Lubricate Machine Tools
- Metal Substrates
- Silicon Wafer
- Others
By Type (Volume, Kilo Tonnes, USD Million, 2019-2030)
- Synthetic
- Semi-Synthetic
- Water-Soluble
- Others
By Country (Volume, Kilo Tonnes, USD Million, 2019-2030)
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Companies Profiled
- Benz Oil, Inc. (AMSOIL INC.)
- Carborundum Universal Limited (Murugappa Group)
- Castrol Ltd. (BP P.L.C.)
- Cutting & Grinding Fluids, Inc.
- EnviroServe Chemicals, Inc.
- ETNA Products, Incorporated
- Exxon Mobil Corporation
- FUCHS Petrolub SE
- Lincoln Chemical Corporation
- TotalEnergies SE
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- Highest number of market tables and figures
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- Guaranteed best price
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Table of Contents
Chapter 1. Market Scope & Methodology
- 1.1 Market Definition
- 1.2 Objectives
- 1.3 Market Scope
- 1.4 Segmentation
- 1.4.1 LAMEA Grinding Fluids Market, by Application
- 1.4.2 LAMEA Grinding Fluids Market, by Type
- 1.4.3 LAMEA Grinding Fluids Market, by Country
- 1.5 Methodology for the research
Chapter 2. Market At a Glance
- 2.1 Key Highlights
Chapter 3. Market Overview
- 3.1 Introduction
- 3.1.1 Overview
- 3.1.1.1 Market Composition and Scenario
- 3.1.1 Overview
- 3.2 Key Factors Impacting the Market
- 3.2.1 Market Drivers
- 3.2.2 Market Restraints
- 3.3 Porter's Five Forces Analysis
Chapter 4. LAMEA Grinding Fluids Market by Application
- 4.1 LAMEA Disk Drivers Market by Country
- 4.2 LAMEA Lubricate Machine Tools Market by Country
- 4.3 LAMEA Metal Substrates Market by Country
- 4.4 LAMEA Silicon Wafer Market by Country
- 4.5 LAMEA Others Market by Country
Chapter 5. LAMEA Grinding Fluids Market by Type
- 5.1 LAMEA Synthetic Market by Country
- 5.2 LAMEA Semi-Synthetic Market by Country
- 5.3 LAMEA Water-Soluble Market by Country
- 5.4 LAMEA Others Market by Country
Chapter 6. LAMEA Grinding Fluids Market by Country
- 6.1 Brazil Grinding Fluids Market
- 6.1.1 Brazil Grinding Fluids Market by Application
- 6.1.2 Brazil Grinding Fluids Market by Type
- 6.2 Argentina Grinding Fluids Market
- 6.2.1 Argentina Grinding Fluids Market by Application
- 6.2.2 Argentina Grinding Fluids Market by Type
- 6.3 UAE Grinding Fluids Market
- 6.3.1 UAE Grinding Fluids Market by Application
- 6.3.2 UAE Grinding Fluids Market by Type
- 6.4 Saudi Arabia Grinding Fluids Market
- 6.4.1 Saudi Arabia Grinding Fluids Market by Application
- 6.4.2 Saudi Arabia Grinding Fluids Market by Type
- 6.5 South Africa Grinding Fluids Market
- 6.5.1 South Africa Grinding Fluids Market by Application
- 6.5.2 South Africa Grinding Fluids Market by Type
- 6.6 Nigeria Grinding Fluids Market
- 6.6.1 Nigeria Grinding Fluids Market by Application
- 6.6.2 Nigeria Grinding Fluids Market by Type
- 6.7 Rest of LAMEA Grinding Fluids Market
- 6.7.1 Rest of LAMEA Grinding Fluids Market by Application
- 6.7.2 Rest of LAMEA Grinding Fluids Market by Type
Chapter 7. Company Profiles
- 7.1 Benz Oil, Inc. (AMSOIL INC.)
- 7.1.1 Company Overview
- 7.1.2 Recent strategies and developments:
- 7.1.2.1 Partnerships, Collaborations, and Agreements:
- 7.1.3 SWOT Analysis
- 7.2 Carborundum Universal Limited (Murugappa Group)
- 7.2.1 Company Overview
- 7.2.2 Financial Analysis
- 7.2.3 Segmental and Regional Analysis
- 7.2.4 Research & Development Expenses
- 7.2.5 SWOT Analysis
- 7.3 Castrol Ltd. (BP P.L.C.)
- 7.3.1 Company Overview
- 7.3.2 Financial Analysis
- 7.3.3 Segmental and Regional Analysis
- 7.3.4 Research & Development Expenses
- 7.3.5 Recent strategies and developments:
- 7.3.5.1 Partnerships, Collaborations, and Agreements:
- 7.3.6 SWOT Analysis
- 7.4 Cutting & Grinding Fluids, Inc.
- 7.4.1 Company Overview
- 7.4.2 SWOT Analysis
- 7.5 EnviroServe Chemicals, Inc.
- 7.5.1 Company Overview
- 7.5.2 SWOT Analysis
- 7.6 ETNA Products, Incorporated.
- 7.6.1 Company Overview
- 7.6.2 Recent strategies and developments:
- 7.6.2.1 Acquisition and Mergers:
- 7.6.3 SWOT Analysis
- 7.7 Exxon Mobil Corporation
- 7.7.1 Company Overview
- 7.7.2 Financial Analysis
- 7.7.3 Segmental and Regional Analysis
- 7.7.4 Research & Development Expenses
- 7.7.5 Recent strategies and developments:
- 7.7.5.1 Geographical Expansions:
- 7.7.6 SWOT Analysis
- 7.8 Fuchs Petrolub SE
- 7.8.1 Company Overview
- 7.8.2 Financial Analysis
- 7.8.3 Regional Analysis
- 7.8.4 Research & Development Expenses
- 7.8.5 Recent strategies and developments:
- 7.8.5.1 Product Launches and Product Expansions:
- 7.8.6 SWOT Analysis
- 7.9 Lincoln Chemical Corporation
- 7.9.1 Company Overview
- 7.9.2 SWOT Analysis
- 7.10. TotalEnergies SE
- 7.10.1 Company Overview
- 7.10.2 Financial Analysis
- 7.10.3 Segmental and Regional Analysis
- 7.10.4 Research & Development Expenses
- 7.10.5 SWOT Analysis
LIST OF TABLES
- TABLE 1 LAMEA Grinding Fluids Market, 2019 - 2022, USD Million
- TABLE 2 LAMEA Grinding Fluids Market, 2023 - 2030, USD Million
- TABLE 3 LAMEA Grinding Fluids Market, 2019 - 2022, Kilo Tonnes
- TABLE 4 LAMEA Grinding Fluids Market, 2023 - 2030, Kilo Tonnes
- TABLE 5 LAMEA Grinding Fluids Market by Application, 2019 - 2022, USD Million
- TABLE 6 LAMEA Grinding Fluids Market by Application, 2023 - 2030, USD Million
- TABLE 7 LAMEA Grinding Fluids Market by Application, 2019 - 2022, Kilo Tonnes
- TABLE 8 LAMEA Grinding Fluids Market by Application, 2023 - 2030, Kilo Tonnes
- TABLE 9 LAMEA Disk Drivers Market by Country, 2019 - 2022, USD Million
- TABLE 10 LAMEA Disk Drivers Market by Country, 2023 - 2030, USD Million
- TABLE 11 LAMEA Disk Drivers Market by Country, 2019 - 2022, Kilo Tonnes
- TABLE 12 LAMEA Disk Drivers Market by Country, 2023 - 2030, Kilo Tonnes
- TABLE 13 LAMEA Lubricate Machine Tools Market by Country, 2019 - 2022, USD Million
- TABLE 14 LAMEA Lubricate Machine Tools Market by Country, 2023 - 2030, USD Million
- TABLE 15 LAMEA Lubricate Machine Tools Market by Country, 2019 - 2022, Kilo Tonnes
- TABLE 16 LAMEA Lubricate Machine Tools Market by Country, 2023 - 2030, Kilo Tonnes
- TABLE 17 LAMEA Metal Substrates Market by Country, 2019 - 2022, USD Million
- TABLE 18 LAMEA Metal Substrates Market by Country, 2023 - 2030, USD Million
- TABLE 19 LAMEA Metal Substrates Market by Country, 2019 - 2022, Kilo Tonnes
- TABLE 20 LAMEA Metal Substrates Market by Country, 2023 - 2030, Kilo Tonnes
- TABLE 21 LAMEA Silicon Wafer Market by Country, 2019 - 2022, USD Million
- TABLE 22 LAMEA Silicon Wafer Market by Country, 2023 - 2030, USD Million
- TABLE 23 LAMEA Silicon Wafer Market by Country, 2019 - 2022, Kilo Tonnes
- TABLE 24 LAMEA Silicon Wafer Market by Country, 2023 - 2030, Kilo Tonnes
- TABLE 25 LAMEA Others Market by Country, 2019 - 2022, USD Million
- TABLE 26 LAMEA Others Market by Country, 2023 - 2030, USD Million
- TABLE 27 LAMEA Others Market by Country, 2019 - 2022, Kilo Tonnes
- TABLE 28 LAMEA Others Market by Country, 2023 - 2030, Kilo Tonnes
- TABLE 29 LAMEA Grinding Fluids Market by Type, 2019 - 2022, USD Million
- TABLE 30 LAMEA Grinding Fluids Market by Type, 2023 - 2030, USD Million
- TABLE 31 LAMEA Grinding Fluids Market by Type, 2019 - 2022, Kilo Tonnes
- TABLE 32 LAMEA Grinding Fluids Market by Type, 2023 - 2030, Kilo Tonnes
- TABLE 33 LAMEA Synthetic Market by Country, 2019 - 2022, USD Million
- TABLE 34 LAMEA Synthetic Market by Country, 2023 - 2030, USD Million
- TABLE 35 LAMEA Synthetic Market by Country, 2019 - 2022, Kilo Tonnes
- TABLE 36 LAMEA Synthetic Market by Country, 2023 - 2030, Kilo Tonnes
- TABLE 37 LAMEA Semi-Synthetic Market by Country, 2019 - 2022, USD Million
- TABLE 38 LAMEA Semi-Synthetic Market by Country, 2023 - 2030, USD Million
- TABLE 39 LAMEA Semi-Synthetic Market by Country, 2019 - 2022, Kilo Tonnes
- TABLE 40 LAMEA Semi-Synthetic Market by Country, 2023 - 2030, Kilo Tonnes
- TABLE 41 LAMEA Water-Soluble Market by Country, 2019 - 2022, USD Million
- TABLE 42 LAMEA Water-Soluble Market by Country, 2023 - 2030, USD Million
- TABLE 43 LAMEA Water-Soluble Market by Country, 2019 - 2022, Kilo Tonnes
- TABLE 44 LAMEA Water-Soluble Market by Country, 2023 - 2030, Kilo Tonnes
- TABLE 45 LAMEA Others Market by Country, 2019 - 2022, USD Million
- TABLE 46 LAMEA Others Market by Country, 2023 - 2030, USD Million
- TABLE 47 LAMEA Others Market by Country, 2019 - 2022, Kilo Tonnes
- TABLE 48 LAMEA Others Market by Country, 2023 - 2030, Kilo Tonnes
- TABLE 49 LAMEA Grinding Fluids Market by Country, 2019 - 2022, USD Million
- TABLE 50 LAMEA Grinding Fluids Market by Country, 2023 - 2030, USD Million
- TABLE 51 LAMEA Grinding Fluids Market by Country, 2019 - 2022, Kilo Tonnes
- TABLE 52 LAMEA Grinding Fluids Market by Country, 2023 - 2030, Kilo Tonnes
- TABLE 53 Brazil Grinding Fluids Market, 2019 - 2022, USD Million
- TABLE 54 Brazil Grinding Fluids Market, 2023 - 2030, USD Million
- TABLE 55 Brazil Grinding Fluids Market, 2019 - 2022, Kilo Tonnes
- TABLE 56 Brazil Grinding Fluids Market, 2023 - 2030, Kilo Tonnes
- TABLE 57 Brazil Grinding Fluids Market by Application, 2019 - 2022, USD Million
- TABLE 58 Brazil Grinding Fluids Market by Application, 2023 - 2030, USD Million
- TABLE 59 Brazil Grinding Fluids Market by Application, 2019 - 2022, Kilo Tonnes
- TABLE 60 Brazil Grinding Fluids Market by Application, 2023 - 2030, Kilo Tonnes
- TABLE 61 Brazil Grinding Fluids Market by Type, 2019 - 2022, USD Million
- TABLE 62 Brazil Grinding Fluids Market by Type, 2023 - 2030, USD Million
- TABLE 63 Brazil Grinding Fluids Market by Type, 2019 - 2022, Kilo Tonnes
- TABLE 64 Brazil Grinding Fluids Market by Type, 2023 - 2030, Kilo Tonnes
- TABLE 65 Argentina Grinding Fluids Market, 2019 - 2022, USD Million
- TABLE 66 Argentina Grinding Fluids Market, 2023 - 2030, USD Million
- TABLE 67 Argentina Grinding Fluids Market, 2019 - 2022, Kilo Tonnes
- TABLE 68 Argentina Grinding Fluids Market, 2023 - 2030, Kilo Tonnes
- TABLE 69 Argentina Grinding Fluids Market by Application, 2019 - 2022, USD Million
- TABLE 70 Argentina Grinding Fluids Market by Application, 2023 - 2030, USD Million
- TABLE 71 Argentina Grinding Fluids Market by Application, 2019 - 2022, Kilo Tonnes
- TABLE 72 Argentina Grinding Fluids Market by Application, 2023 - 2030, Kilo Tonnes
- TABLE 73 Argentina Grinding Fluids Market by Type, 2019 - 2022, USD Million
- TABLE 74 Argentina Grinding Fluids Market by Type, 2023 - 2030, USD Million
- TABLE 75 Argentina Grinding Fluids Market by Type, 2019 - 2022, Kilo Tonnes
- TABLE 76 Argentina Grinding Fluids Market by Type, 2023 - 2030, Kilo Tonnes
- TABLE 77 UAE Grinding Fluids Market, 2019 - 2022, USD Million
- TABLE 78 UAE Grinding Fluids Market, 2023 - 2030, USD Million
- TABLE 79 UAE Grinding Fluids Market, 2019 - 2022, Kilo Tonnes
- TABLE 80 UAE Grinding Fluids Market, 2023 - 2030, Kilo Tonnes
- TABLE 81 UAE Grinding Fluids Market by Application, 2019 - 2022, USD Million
- TABLE 82 UAE Grinding Fluids Market by Application, 2023 - 2030, USD Million
- TABLE 83 UAE Grinding Fluids Market by Application, 2019 - 2022, Kilo Tonnes
- TABLE 84 UAE Grinding Fluids Market by Application, 2023 - 2030, Kilo Tonnes
- TABLE 85 UAE Grinding Fluids Market by Type, 2019 - 2022, USD Million
- TABLE 86 UAE Grinding Fluids Market by Type, 2023 - 2030, USD Million
- TABLE 87 UAE Grinding Fluids Market by Type, 2019 - 2022, Kilo Tonnes
- TABLE 88 UAE Grinding Fluids Market by Type, 2023 - 2030, Kilo Tonnes
- TABLE 89 Saudi Arabia Grinding Fluids Market, 2019 - 2022, USD Million
- TABLE 90 Saudi Arabia Grinding Fluids Market, 2023 - 2030, USD Million
- TABLE 91 Saudi Arabia Grinding Fluids Market, 2019 - 2022, Kilo Tonnes
- TABLE 92 Saudi Arabia Grinding Fluids Market, 2023 - 2030, Kilo Tonnes
- TABLE 93 Saudi Arabia Grinding Fluids Market by Application, 2019 - 2022, USD Million
- TABLE 94 Saudi Arabia Grinding Fluids Market by Application, 2023 - 2030, USD Million
- TABLE 95 Saudi Arabia Grinding Fluids Market by Application, 2019 - 2022, Kilo Tonnes
- TABLE 96 Saudi Arabia Grinding Fluids Market by Application, 2023 - 2030, Kilo Tonnes
- TABLE 97 Saudi Arabia Grinding Fluids Market by Type, 2019 - 2022, USD Million
- TABLE 98 Saudi Arabia Grinding Fluids Market by Type, 2023 - 2030, USD Million
- TABLE 99 Saudi Arabia Grinding Fluids Market by Type, 2019 - 2022, Kilo Tonnes
- TABLE 100 Saudi Arabia Grinding Fluids Market by Type, 2023 - 2030, Kilo Tonnes
- TABLE 101 South Africa Grinding Fluids Market, 2019 - 2022, USD Million
- TABLE 102 South Africa Grinding Fluids Market, 2023 - 2030, USD Million
- TABLE 103 South Africa Grinding Fluids Market, 2019 - 2022, Kilo Tonnes
- TABLE 104 South Africa Grinding Fluids Market, 2023 - 2030, Kilo Tonnes
- TABLE 105 South Africa Grinding Fluids Market by Application, 2019 - 2022, USD Million
- TABLE 106 South Africa Grinding Fluids Market by Application, 2023 - 2030, USD Million
- TABLE 107 South Africa Grinding Fluids Market by Application, 2019 - 2022, Kilo Tonnes
- TABLE 108 South Africa Grinding Fluids Market by Application, 2023 - 2030, Kilo Tonnes
- TABLE 109 South Africa Grinding Fluids Market by Type, 2019 - 2022, USD Million
- TABLE 110 South Africa Grinding Fluids Market by Type, 2023 - 2030, USD Million
- TABLE 111 South Africa Grinding Fluids Market by Type, 2019 - 2022, Kilo Tonnes
- TABLE 112 South Africa Grinding Fluids Market by Type, 2023 - 2030, Kilo Tonnes
- TABLE 113 Nigeria Grinding Fluids Market, 2019 - 2022, USD Million
- TABLE 114 Nigeria Grinding Fluids Market, 2023 - 2030, USD Million
- TABLE 115 Nigeria Grinding Fluids Market, 2019 - 2022, Kilo Tonnes
- TABLE 116 Nigeria Grinding Fluids Market, 2023 - 2030, Kilo Tonnes
- TABLE 117 Nigeria Grinding Fluids Market by Application, 2019 - 2022, USD Million
- TABLE 118 Nigeria Grinding Fluids Market by Application, 2023 - 2030, USD Million
- TABLE 119 Nigeria Grinding Fluids Market by Application, 2019 - 2022, Kilo Tonnes
- TABLE 120 Nigeria Grinding Fluids Market by Application, 2023 - 2030, Kilo Tonnes
- TABLE 121 Nigeria Grinding Fluids Market by Type, 2019 - 2022, USD Million
- TABLE 122 Nigeria Grinding Fluids Market by Type, 2023 - 2030, USD Million
- TABLE 123 Nigeria Grinding Fluids Market by Type, 2019 - 2022, Kilo Tonnes
- TABLE 124 Nigeria Grinding Fluids Market by Type, 2023 - 2030, Kilo Tonnes
- TABLE 125 Rest of LAMEA Grinding Fluids Market, 2019 - 2022, USD Million
- TABLE 126 Rest of LAMEA Grinding Fluids Market, 2023 - 2030, USD Million
- TABLE 127 Rest of LAMEA Grinding Fluids Market, 2019 - 2022, Kilo Tonnes
- TABLE 128 Rest of LAMEA Grinding Fluids Market, 2023 - 2030, Kilo Tonnes
- TABLE 129 Rest of LAMEA Grinding Fluids Market by Application, 2019 - 2022, USD Million
- TABLE 130 Rest of LAMEA Grinding Fluids Market by Application, 2023 - 2030, USD Million
- TABLE 131 Rest of LAMEA Grinding Fluids Market by Application, 2019 - 2022, Kilo Tonnes
- TABLE 132 Rest of LAMEA Grinding Fluids Market by Application, 2023 - 2030, Kilo Tonnes
- TABLE 133 Rest of LAMEA Grinding Fluids Market by Type, 2019 - 2022, USD Million
- TABLE 134 Rest of LAMEA Grinding Fluids Market by Type, 2023 - 2030, USD Million
- TABLE 135 Rest of LAMEA Grinding Fluids Market by Type, 2019 - 2022, Kilo Tonnes
- TABLE 136 Rest of LAMEA Grinding Fluids Market by Type, 2023 - 2030, Kilo Tonnes
- TABLE 137 Key Information - Benz oil, Inc.
- TABLE 138 Key Information - Carborundum Universal Limited
- TABLE 139 Key Information - Castrol Ltd.
- TABLE 140 Key Information - Cutting & Grinding Fluids, Inc.
- TABLE 141 Key Information - EnviroServe Chemicals, Inc
- TABLE 142 Key Information - ETNA Products, Incorporated.
- TABLE 143 Key Information - Exxon Mobil Corporation
- TABLE 144 Key Information - FUCHS petrolub SE
- TABLE 145 Key Information - Lincoln Chemical Corporation
- TABLE 146 Key Information - TotalEnergies SE
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